Senate Amendment 5427


PAG LIN




     1  1    Amend House File 2679, as amended, passed, and
     1  2 reprinted by the House, as follows:
     1  3 #1.  Page 38, by inserting after line 10 the
     1  4 following:
     1  5    <Sec.    .  Section 422.11S, subsection 7,
     1  6 paragraph a, subparagraph (2), Code Supplement 2007,
     1  7 is amended to read as follows:
     1  8    (2)  "Total approved tax credits" means for the tax
     1  9 year beginning in the 2006 calendar year, two million
     1 10 five hundred thousand dollars, for the tax year
     1 11 beginning in the 2007 calendar year, five million
     1 12 dollars, and for tax years beginning on or after
     1 13 January 1, 2008 for the tax year beginning in the 2008
     1 14 calendar year, seven million five hundred thousand
     1 15 dollars, and for tax years beginning on or after
     1 16 January 1, 2009, ten million dollars.>
     1 17 #2.  By renumbering as necessary.
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     1 20                               
     1 21 BRAD ZAUN
     1 22 HF 2679.706 82
     1 23 kh/mg/12148
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